Ever wonder why so many major companies, brands and organizations are pushing the LGTBQ+ agenda to the point of billions of dollars lost? According to this former Anheuser-Busch executive, just follow the money.
Anson Frericks, a former executive at Anheuser-Busch, shared his insights during an interview on “Jesse Watters Primetime.” He emphasized that the pressure for certain decisions often originates from major investment firms such as BlackRock and Vanguard.
Frericks said much of the influence a company’s woke decisions, like that of Bud Light using transgender Tik-Tok influencer Dylan Mulvaney, are a direct result of the politicking of major investment firms like New York-based BlackRock and Pennsylvania-based Vanguard.
These firms, along with State Street, manage an enormous $20 trillion in capital, representing the investments of American mutual funds and state pension funds.
According to Frericks, it is not just the woke managers of these funds but often the elected politicians of liberal states that wield the power of state pension fund investments that get involved.
“In California, for example, they recently have mandated those large pension funds that they divest from things like fossil fuels and oil and gas.” Frericks said. He also mentioned the impact of former New York City Mayor Bill de Blasio, who took similar actions during his tenure.
“They also tell BlackRock, State Street, and Vanguard if they’re going to manage their money, they have to commit to things like ESG — diversity, equity, inclusion — and adopt firm-wide commitments that they therefore then force onto all the major companies in corporate America,” he continued.
Frericks departed from his position at Anheuser-Busch, partly due to the alignment of corporate America with particular political ideologies regardless of the sentiments of American people.
He pointed to the response of companies like Coca-Cola and Delta Airlines to Georgia’s election integrity laws as an example. Frericks was living in Atlanta at the time and witnessed first hand the corporate responses the laws, not to mention Major League Baseball went so far as to move the All-Star game to very blue Colorado in order to punish Georgia.
“You had the citizens of Georgia, they voted for representatives to make sure we could have election integrity laws. You have to have an ID to vote, and for that ID to vote — this seemed like a pretty logical law. I was kind of surprised in Georgia didn’t have it,” he said.
“But what was crazy to me was that after the fact, BlackRock came out and they said, ‘We’re against this law. We think this is bad for democracy, this is bad for society,’ and they basically then had companies like Coca-Cola, like Delta and heck — even Major League Baseball, they canceled an All-Star Game over this,” he continued.
In a recent forum, BlackRock CEO Larry Fink emphasized the need for companies his firm invests in to enforce specific behaviors.
Fink stated, “And if you don’t force behaviors, whether it’s gender or race or just any way you want to say the composition of your team, you’re going to be impacted.”
Frericks expressed concern about the consequences of such actions, including alienation of customers and the politicization of companies’ traditional roles.
“But frankly, it’s bad for democracy as well,” Fredricks said. “Citizens should be able to decide these things through free and fair elections, not necessarily with a small group of asset managers and CEOs that are telling individuals how to live their lives.”
The revelations raise huge red flags about the role of woke politicians and leaders of these firms in forcing their societal values and the potential implications for democracy and individual freedom.